Paper and plastic exports continue to trend lower than in previous years, even as shipments increase to certain countries, recent figures show.
Paper and plastic exports continue to trend lower than in previous years, even as shipments increase to certain countries, recent figures show.
The U.S. PET bottle recycling rate declined by a percentage point to 27.9% in 2019, though the amount of RPET used to make new bottles increased.
At the recent MRF Summit, held online, recycling leaders tackled a number of trends that are shaping the fortunes of material processors.
A company planning multiple U.S. processing plants taking in hard-to-recycle plastics has begun operating its first location in Southern California.
Following a similar demonstration in the Pacific Northwest last year, industry stakeholders are launching an initiative to recover additional material from the municipal stream in New York and four other states.
Some of the largest packaged goods and retail firms increased their use of recycled plastic in 2019, but they have work to do to hit 2025 targets, according to an Ellen MacArthur Foundation update.
PepsiCo spent about $200 million of its “Green Bond” to purchase recycled PET plastic over the past few years, according to the company.
Recycled-content commitments by consumer packaged goods companies and fashion brands have driven demand for recycled polyethylene terephthalate (RPET) to a level that exceeds available supply.
The price of natural high-density polyethylene (HDPE) bales surpassed 61 cents per pound for the first time. Meanwhile, the average mixed-paper price notched upward by several dollars.
Verity, a startup making packaging for personal care products, is producing curbside-recyclable aluminum options in lieu of hard-to-recycle plastic.